Last week, SteelOrbis reported that spot market prices for US import 0.012”x40.875” G30 HDG coil from Egypt had shifted downward by at least $2.00 cwt. ($44/mt or $40/nt), and that the price range for US import Galvalume coil had also widened by $2.00 cwt. on the bottom end of the range.
This week, prices have stabilized. Current spot market prices for US import HDG and Galvalume coil are listed in the chart below.
0.012”x40.875” G30 HDG coil | $/cwt | $/mt | $/nt | Weekly change | Delivery |
Egypt | $44 | $970 | $880 | neutral | DDP loaded truck in US Gulf ports |
Galvalume coil 0.019x41.5625 Gr80/AZ55 | |||||
Mexico, Brazil, Korea | $44-$46 | $970-$1,014 | $880-$920 | neutral | FOB Houston / DDP loaded truck in US Gulf ports |